F Daily Chart ~ Easy to Trade Ford I received a
Post# of 2561
Posted On: 03/09/2014 8:56:14 PM
F Daily Chart ~ Easy to Trade Ford
I received a request for F. Long term, I like Ford. Short term, the stock has been trending down since its high of 17.78 established in October. Even though the stock is trending downwards with a negative bias since Oct, you can still successfully trade a stock, including F, using the FullSto and MACDs. The FullSto is getting slightly overbought while the MACDs are suggesting more upside ahead. I know a few who are swinging F for 10-30% gains over the last year and have executed as many as eight trades. Boring But Banking (BBB) with F, but following the charts and indicators makes it a bit easier to make more successful trades. That's the way to treat the more conservative funds. F follows the market, and the last few weeks pretty much mirrors the INDU chart I posted earlier today. If you are new to swing trading the big boards, it's a good reason to review the Dow and S&P charts first thing every morning to give you a sense of how the big boards are trending. GLTA
I received a request for F. Long term, I like Ford. Short term, the stock has been trending down since its high of 17.78 established in October. Even though the stock is trending downwards with a negative bias since Oct, you can still successfully trade a stock, including F, using the FullSto and MACDs. The FullSto is getting slightly overbought while the MACDs are suggesting more upside ahead. I know a few who are swinging F for 10-30% gains over the last year and have executed as many as eight trades. Boring But Banking (BBB) with F, but following the charts and indicators makes it a bit easier to make more successful trades. That's the way to treat the more conservative funds. F follows the market, and the last few weeks pretty much mirrors the INDU chart I posted earlier today. If you are new to swing trading the big boards, it's a good reason to review the Dow and S&P charts first thing every morning to give you a sense of how the big boards are trending. GLTA
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